Dubai: US technology giant Apple is looking to recruit new employees for its operations in the UAE, the company’s latest job listings show. As of this month, the tech giant has posted 18 positions on the careers page of its official website, with roles …
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Emaar Malls' $800 million bid for Souq.com to challenge Amazon
DUBAI Dubai’s Emaar Malls, operator of glitzy Middle East shopping centers, has made an $800 million offer for regional online retailer Souq.com [IPO-SOUQ.DU], setting up a potential bidding war with Amazon.com. Emaar Malls’ bid has so far not been …
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Emirates Global Aluminium mandates US banks for IPO: sources
EGA was created in 2013 when state-owned companies Dubai Aluminium (Dubal) and Abu Dhabi’s Emirates Aluminium (Emal) merged. Its enterprise value was put at $15 billion at the time of the merger. It is owned by Abu Dhabi state fund Mubadala Investment Co …
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Dubai's Arqaam Capital launches global hedge fund in rare move
DUBAI, March 27 Dubai-based investment bank Arqaam Capital is launching a globally focused hedge fund, it said on Monday, becoming one of only a handful of local firms to offer such a product. Although Dubai has been growing rapidly as a banking centre …
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UAE coach Mahdi Ali also feeling the heat as World Cup hopes go on the line against the Socceroos
AFTER five years in charge, UAE coach Mahdi Ali could be forgiven for parking the bus at Allianz Stadium on Tuesday night. Not in the sense of a cheap joke about his former life as a municipal engineer, during which he helped to design the ticketing …
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Dubai cops' fleet of hypercars now includes fastest
No matter what it is, if it is in Dubai then it is probably the biggest and the best. Whether it is property or fountains or artificial islands they go large and luxe, and it seems as if the local police have taken that ethos to heart with its fleet of …
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Emirates Global said to pick BofA, Goldman and JPMorgan for IPO
If the aluminium producer raises $3 billion, it would be the largest-ever IPO from the UAE, according to data compiled by Bloomberg, surpassing the 2014 stock sale by Emaar Malls PJSC. Spokesmen for EGA and the banks declined to comment.
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Arqaam Capital launches global macro hedge fund
Dubai: Arqaam Capital, the specialist emerging markets investment … and top-tier international investment banks and leading hedge fund managers. The fund will be managed by Areski Iberrakene as Chief Investment Officer. “The launch of Arqaam’s …
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Tickets on Sale for 2017 Abu Dhabi Grand Prix as F1® Enters New Era
Yas Marina Circuit rewards loyal fans with early bird discounts of up to 30 per cent on ticket sales ABU DHABI, UAE, March 27, 2017 /CNW/ – The 2017 Formula 1® season is back, and the introduction of new rules governing the design of cars promises one of …
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Hundreds of Fights, Thousands of Players and Millions to be Won at the 9th Annual Abu Dhabi World Professional Jiu-Jitsu Championship
All eyes will be on the IPIC Arena in Abu Dhabi this April when record numbers of international athletes compete at the Abu Dhabi World Professional Jiu-Jitsu Championship, which will take place from 10 – 23 April 2017. (Photo: http://mma.prnewswire.com …
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Watch: Abu Dhabi Crown Prince flies a chopper
Dubai: A video of Abu Dhabi’s Crown Prince in a chopper has captured the interest of social media users in the UAE. In the 30-second video clip, Shaikh Mohammad Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed …
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UAE residents awake to lightning storm, rain
Dubai: Thunderbolts, lightning storms and a heavy downpour hit several parts of the UAE on Monday morning. Storming morning in Dubai! This taken just minutes ago after arriving home from flying all night. Good timing for me, both landing and with my camera …
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Dubai church prepares to celebrate golden jubilee
We have been blessed by the benevolence of the Rulers and we are grateful to them,” Fr Lennie J.A. Connully OFM Cap, parish priest of St. Mary’s Catholic Church in Dubai, told Gulf News. “Our message is we are happy we are here. We are grateful to …
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Dubai Garden Glow: brightest park in Dubai
Thanks to Dubai Municipality’s recent focus on getting residents outdoors, parks in this city are the places to be. Gulf News goes exploring. Thanks to the ever-cosmopolitan nature of the emirate, Dubai Municipality has offered a multitude of parks for …
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Dubai Ruler’s Court settles 17-year-old business dispute
Dubai: The Dubai Ruler’s Court has given its final ruling in a 17-year-old case, ordering a business owner to pay his nephew Dh6.8 million for having denied the latter his claim to 25 per cent of profits as a partner in his business. The Expertise and …
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Dubai Garden Glow: Here's where the children play and learn
Thanks to Dubai Municipality’s recent focus on getting residents outdoors, parks in this city are the places to be. Gulf News goes exploring. Thanks to the ever-cosmopolitan nature of the emirate, Dubai Municipality has offered a multitude of parks for …
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Expatriates talk about life in the UAE
Vacationing in Dubai as a teenager, Raj Kumar finally made the move to the UAE with his family in 1973, and has never looked back since. Building a life for himself, and joining his dad in the family business, Kumar said he has loved living in Dubai for …
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